LeMaitre Vascular (LMAT) director adds shares via dividend rights vesting
Rhea-AI Filing Summary
LeMaitre Vascular, Inc. director filed a report of routine equity-related transactions. On 12/11/2025 and 12/12/2025, the director acquired 25, 18, and 18 shares of common stock at a price of $0 per share following the release of dividend equivalent rights tied to prior stock awards. After these transactions, the director directly beneficially owned 10,183 shares of common stock.
The filing shows dividend equivalent rights converting into common stock on a one-for-one basis, connected to restricted stock unit and performance stock unit awards granted in 2021 and 2022. Fractional shares from these rights, if any, were settled in cash, leaving derivative right balances such as 19.974 and 19.291 units outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 18 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 18 | $0.00 | -- |
| Exercise | Common Stock | 18 | $0.00 | -- |
| Exercise | Common Stock | 18 | $0.00 | -- |
| Exercise | Dividend Equivalent Rights | 25 | $0.00 | -- |
| Exercise | Common Stock | 25 | $0.00 | -- |
Footnotes (1)
- Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis. These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 12/11/2021. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock. Fractional shares released (if any) on each vesting date were settled in cash, resulting in a final balance of zero. These dividend equivalent rights were released in connection with the vesting of a restricted stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock. These dividend equivalent rights were released in connection with the vesting of a performance stock unit award granted on 12/12/2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
FAQ
What insider transaction did LeMaitre Vascular (LMAT) report in this filing?
The filing reports a director acquiring LeMaitre Vascular common stock through the release of dividend equivalent rights on 12/11/2025 and 12/12/2025.
What are dividend equivalent rights in this LeMaitre Vascular (LMAT) filing?
Each dividend equivalent right is described as the economic equivalent of one share of LeMaitre Vascular common stock and converts into shares when related stock awards vest.
Which stock awards triggered the dividend equivalent rights in this LMAT insider report?
The dividend equivalent rights were released in connection with the vesting of restricted stock unit and performance stock unit awards granted on 12/11/2021 and 12/12/2022.